Savings Bonds

As of January 1, 2012, savings bonds may only be purchased online through Treasury Direct. The U.S. Treasury regulates the interest rates on savings bonds. In addition to providing a low risk savings vehicle they are also a great gift idea!

Union National Bank can still redeem Savings Bonds, but not order them.

Here are a few tips for purchasing Savings Bonds online:

To purchase electronic gift bonds for relatives or friends, you need to open an account for yourself

You must have the recipient's social security number (and anyone else named as a co-owner or beneficiary) in order to purchase an electronic gift bond

Paper bonds are no longer issued - only electronic bonds

Unless you specify a date, savings bonds are issued the next business day after you complete the purchase request